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To: Glenn D. Rudolph who wrote (47677)3/28/1999 1:01:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Glenn,

>> Did they have a lot of interests in the railroads and the steel industries?

The first $1 Billion trust was US Steel, and it was organized by Morgan (the son) in approx 1900. He made a fortune selling American railroad bonds in England and Europe.